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COIG vs CONX

Leverage Shares 2x Long COIN Daily ETF

COIGBNasdaq

Direxion Daily COIN Bull 2X ETF

CONXBNasdaq

Overlap

Expense ratio

COIG −0.19pt a year

COIG0.78%CONX0.97%

Avg volume · 30D

COIG 1.3×the volume

COIG175KCONX137K

COIG vs CONX Performance

Dec 31, 2025 – Oct 30, 2026

−78.2%COIG−77.4%CONX

Dec 31, 2025 to Oct 30, 2026. COIG −78.2%. CONX −77.4%. Use the arrow keys to read each point.−40%−20%0%20%Dec 2025Jun 2026Oct 2026
Expense ratio
COIG 0.78%, better
CONX 0.97%
Fund size
COIG $5M
CONX $5M
1Y total return
COIG −91.4%
CONX No data
Holdings
COIG 4
CONX 8
Avg volume (30D)
COIG 175K sh, better
CONX 137K sh
NAV per share
COIG $3.16
CONX $5.00
52W range

ETF.net Grade

COIG: Cost 68, Risk 32, Mission 84, Tradability 69, Holdings not scored, Durability 52. CONX: Cost 38, Risk 63, Mission 93, Tradability 38, Holdings not scored, Durability 52.
Pillar letters and Scores for COIG, CONX, with each pillar’s weight
PillarCOIGCONX
Cost30% weightB68HigherD38
Mission25% weightA84A93Higher
Risk15% weightD32B63Higher
Tradability15% weightB69HigherD38
Holdings10% weightNot scoredNot scored
Durability5% weightC52C52

Rank among 2x Long Coinbase (COIN) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. COIG and CONX are both graded against the same 5 2x Long Coinbase (COIN) funds, so their Grades compare head to head.

2x Long Coinbase (COIN)⁠

Category · 5 funds
See all 5 ›

COIG ranks 1st and CONX 2nd of 5 funds in the 2x Long Coinbase (COIN) Category.

  1. Rank 1BCOIGLeverage Shares 2x Long COIN Daily ETFScore 65
  2. Rank 2BCONXDirexion Daily COIN Bull 2X ETFScore 58
  3. Rank 3CCONLGraniteShares 2x Long COIN Daily ETFScore 51

Our read on each fund

ETF.net Research

COIGBLeverage Shares 2x Long COIN Daily ETF

CONXBDirexion Daily COIN Bull 2X ETF

In short

COIG Two times Coinbase, reset every day, for 0.78% a year, undercutting the big-name 2x COIN funds. One of the strongest implementations in a crowded five-ticker niche.

CONX Direxion's entry in the most crowded corner of leveraged single-stock land: 200% of Coinbase's daily move, reset every night. Fee is 0.97% net of a waiver through September 1, 2027.

Stated mandate

COIG The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Coinbase Global stock (COIN).

CONX The fund seeks daily investment results equal to 200% of the performance of Coinbase Global, Inc. common shares, before fees and expenses.

Why people hold it

  • COIG At 0.78%, it costs less than CONL at 1.04% and CONX at 0.97% (net of a waiver through September 1, 2027) for the same 2x daily COIN mandate.
  • Swap agreements and daily rebalancing do the leverage, inside a 1940 Act ETF. No margin account, no borrow, no maintenance calls.leverageshares.com
  • Since its March 2025 launch it has tracked its 200% daily target closely, one of the tighter implementations among 2x COIN funds.
  • CONX The job is hitting 200% of COIN's daily move, and this one has tracked that target closely, one of the stronger implementations in the small 2x COIN field.direxion.com
  • 0.97% net of a waiver through September 1, 2027, on a 0.99% gross, which lands near the middle of its peer group. COIX lists 0.20%, with no waiver attached.sec.gov
  • Per its summary prospectus, at least 80% of net assets sit in COIN shares and instruments like swaps. Leveraged exposure arrives as an ordinary ETF share, no margin account or options chain.sec.gov

Worth knowing

  • COIG The 2x applies to one day only. Over weeks, choppy COIN trading compounds against you and the result can differ sharply from twice the period move.leverageshares.com
  • Live since March 2025, so the risk record is short and covers one stretch of an unusually volatile stock.
  • COIX runs the same 2x COIN trade at 0.20%. The trade-off is COIG's longer live history and steadier trading in the category.
  • CONX The leverage resets daily. Over any stretch longer than one trading day, results follow COIN's path, not 200% of its net move, as Direxion's filings spell out.sec.gov
  • A November 2025 launch, and one of the smaller, more moderately traded funds in its group. Thinner volume can show up in your trading costs.
  • Everything rides on one company. And the expense cap is recoupable: the adviser can claw back waived amounts within three years if expenses later fall below the cap.sec.gov

Full COIG profile⁠

Full CONX profile⁠

COIG vs CONX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

COIG vs CONX Cost

Overpaying CONX vs COIG

$3,196

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • COIG 0.78%

    $15,002

  • CONX 0.97%

    $18,198

$10,000
30 years

Cost over time

  • COIG 0.78%
  • CONX 0.97%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530CONX $18,198COIG $15,002

Year by year

YearCOIGCONXOverpaying
10$1,388$1,712$324
20$5,268$6,443$1,175
30$15,002$18,198$3,196

Expense ratio

  • 0.78%COIG, cheaper
  • 0.97%CONX
  • Middle half of 2x Long Coinbase (COIN) funds
  • Median 0.95%

COIG 2nd cheapest of 5 funds

CONX 4th cheapest of 5 funds

COIG vs CONX Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
COIG None
CONX No data
Last payment
COIG No data
CONX $0.03
Ex-dividend
COIG No data
CONX Sep 22, 2026
Paid on
COIG No data
CONX Sep 29, 2026
Frequency
COIG No data
CONX Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

COIGAll COIG payments⁠

No distribution history available.

CONXQuarterly · 4 paymentsAll CONX payments⁠
One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.07; Mar 24, 2026 $0.07; Jun 23, 2026 $0.03; Sep 22, 2026 $0.03. Use the arrow keys to read each point.$0$0.052026YTD

COIG vs CONX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COIG 126.4%since Apr 2025CONX No data
Return per unit of riskSharpe ratio, 3 years
COIG −0.18since Apr 2025CONX No data
Worst fallMax drawdown, 5 years
COIG −95.1%since Mar 2025CONX No data
Market sensitivityBeta, 5 years
COIG 4.40CONX 2.23

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